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View Poll Results: How many Checking Accounts do you have?
0 1 1.02%
1 35 35.71%
2 35 35.71%
3 11 11.22%
4 7 7.14%
5 or more 9 9.18%
Voters: 98. You may not vote on this poll

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Old 10-30-2008, 04:31 PM   #21
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Only one chacking account at a bank however, I have 3 MMF that all have checking writing access, but I'm guessing that these would not be counted for this exrecise.
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Old 10-30-2008, 04:33 PM   #22
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Originally Posted by Nords View Post
Hmmm... sounds pretty suspicious coming from someone who has no fixed address, uses mail drops, and spends a lot of time with surveillance photography equipment...
LOL! Voted by mailed absentee ballot too this time!

But the Feds have me pegged! IRS does direct withdrawal from my checking account when I pay taxes. Federal Court in San Antonio was still able to get me committed to jury duty even though they had to delay my attendance.

I'm definitely not "out of the system".

BTW - I DO have a fixed address! A physical (street) address is required for everyone. I just happen not to be there most of the time!

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Old 10-30-2008, 07:28 PM   #23
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One at credit union and one for brokerage account -- would probably do away with the credit union account if it weren't for making deposits from time to time (since brokerage account will not accept third party checks or cash).
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Old 10-30-2008, 07:38 PM   #24
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We have 3 "demand" accounts (1 credit union, 2 money market) but only write paper checks on the odd occasion when we cannot use our free, online bill-paying through the credit union. Lots of savings in postage!

Unfortunately, the fields that get filled out on-line, don't allow enough space to put all the information on the check that some entities, such as the IRS and MD tax authority, require. This has resulted in stupid stuff, such as our quarterly estimated tax payments being credited to me (not spouse) even though we file a joint tax return. The tax people didn't see both SSN's on the check, thus, "Hey! Only one of the Feet is paying his/her taxes! Let's send the other one a Threatening Letter!"
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Old 10-30-2008, 08:18 PM   #25
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Unfortunately, the fields that get filled out on-line, don't allow enough space to put all the information on the check that some entities, . . . require . . .
So true. But Online bill pay does make life at least a little better. We use it every chance we get and hardly ever write paper checks any more.
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Old 10-30-2008, 08:53 PM   #26
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Just one. USAA FSB

I write very few paper checks. Almost all are either to the school for our son's lunch account or for gifts (birthday, etc.) for nieces, nephews, etc.
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Old 10-30-2008, 09:01 PM   #27
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I have one checking account at a nearby brick and mortar bank.

All of my bills are on automatic debit, except insurance and property tax, both of which I pay online. Last month was typical - - I wrote three checks, all three for groceries.
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Old 10-31-2008, 12:52 AM   #28
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I have two. My system for tracking spending is that I use one account for spending only, and the other for transfers between other financial accounts that don't involve spending. Then at the end of the year my spending is exactly the amount that I had deposited into the spending account.
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Old 10-31-2008, 05:56 AM   #29
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Waaaay too many. Before we RE'd, our local business accepted checks from the locals. It was much easier depositing the checks back into the originating banks. The tellers could tell me in advance which checks would bounce. Avoided a lot of bank fees that way.

Slowly getting rid of them...
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Old 10-31-2008, 06:12 AM   #30
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Just one. USAA FSB

I write very few paper checks. Almost all are either to the school for our son's lunch account or for gifts (birthday, etc.) for nieces, nephews, etc.
Birthday and Christmas Checks used to be our mode too. Now since many of the Gift Cards have no fees and never expire I am starting to move to them in lieu of the checks. Like yesterday, I bought 2 for my twin grandsons and in addition to them getting full face value I received $.40 off of a tank full of gas (which I purchased with my PENFED 5% off gas VISA Card) and a $10 instant cash bonus at the food store where I purchased them. Received $117.50 for my $100.00 (17.5% return, instantly).
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Old 10-31-2008, 07:57 AM   #31
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2 credit union accounts

1st is my money
2nd is our money for autodeducted household bills
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Old 10-31-2008, 08:11 AM   #32
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I have two. My system for tracking spending is that I use one account for spending only, and the other for transfers between other financial accounts that don't involve spending. Then at the end of the year my spending is exactly the amount that I had deposited into the spending account.
I am doing something similar- all bills get paid thru one account.

Bills that go away, -mortgage, IRAs, cars- are paid thru another account. The goal is to track the expenses in the first account because that is the money which needs to be replaced for retirement purposes.
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Old 10-31-2008, 09:58 AM   #33
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Didn't vote but I have 7 checkbooks that access different accounts. Personal accounts cover 3 (a credit union, a bank, a MM sweep from brokerage). Then two on a trust I administer. Then one for the Cub Scouts (treasurer), and one for my son's soccer team (manager).
All this keeps me busy in retirement.

RE2Boys
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Old 10-31-2008, 10:30 AM   #34
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Two, both joint.

One for the credit union where I used to work, also tied to the savings acct. there. The retirement income is direct deposited to the checking and I transfer to/from savings as needed online. Mostly to savings now since I started working again.

The other one we opened just for the local ATM machines - BB&T has them all over around here. Now the income from my job is direct deposited there.
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